Quick charity verification for New Creation Foundation Inc (EIN: 200151111)
Verdict: New Creation Foundation Inc appears trustworthy
90/100Mission Score
$1.3MRevenue
$2.5MAssets
2Red Flags
4Strengths
Red Flags
Operating at a deficit in some years (e.g., 2023: Expenses $1,094,789 vs. Revenue $1,040,523) could indicate reliance on reserves or future funding.
The consistent 0% officer compensation is unusual for an organization of this scale and might suggest alternative compensation structures or a highly volunteer-driven model that could face sustainability challenges.
Strengths
Consistent revenue growth over the past decade, from $97,943 in 2015 to over $1 million in recent years.
Significant asset growth, from $149,516 in 2015 to $2,261,333 in 2023, indicating strong financial management or successful capital accumulation.
Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds towards the mission.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How New Creation Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about New Creation Foundation Inc
Is New Creation Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Creation Foundation Inc (EIN: 200151111) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is New Creation Foundation Inc a good charity to donate to?
New Creation Foundation Inc has a Mission Score of 90/100. Revenue: $1.3M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Creation Foundation Inc?
The Employer Identification Number (EIN) for New Creation Foundation Inc is 200151111. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does New Creation Foundation Inc spend its money?
New Creation Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Creation Foundation Inc's tax-exempt status?
You can verify New Creation Foundation Inc's tax-exempt status using EIN 200151111 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
New Creation Foundation Inc. demonstrates consistent financial growth over the past decade, with revenue increasing from $97,943 in 2015 to over $1 million in recent years. The organization generally operates with expenses closely aligned to or slightly exceeding revenue in some periods, such as 2023 where expenses were $1,094,789 against $1,040,523 in revenue, indicating a tight operational margin. However, its asset base has grown substantially, from $149,516 in 2015 to $2,261,333 in 2023, suggesting effective asset management and potentially significant capital investments or accumulated reserves. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
The organization's spending efficiency appears reasonable, with no reported officer compensation, which typically frees up more funds for programmatic activities. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of executive salaries suggests a lean operational structure. The growth in assets, despite sometimes operating at a slight deficit, points to a focus on long-term sustainability and capacity building. The consistent filing of IRS Form 990s over 13 periods further reinforces its commitment to transparency and regulatory compliance.
Overall, New Creation Foundation Inc. appears to be a financially stable and transparent organization, particularly given its growth trajectory and the absence of executive compensation. Its ability to significantly grow its asset base while maintaining relatively stable liabilities (relative to assets) suggests prudent financial management. Further analysis of detailed expense categories would provide a more granular view of spending efficiency, but the available data paints a positive picture of financial health and mission-driven resource allocation.